Debt Relief Blog | San Diego Debt Settlement Attorney

What To Do If Sued By The Moore Law Group For Credit Card Debt

If you are wondering what to do if sued by The Moore Law Group for credit card debt, the simple answer is to act fast so that a default judgment isn’t filed against you. The Moore Law Group represents creditors such as Best Buy, Bank of America and Capital One in debt collection lawsuits. If you do not respond to a Moore Law Group lawsuit, then they will win automatically in a default judgment. If this happens, you could face your wages being garnished, a bank levy or a lien against your property. We often recommend a Moore Law Group debt settlement to get out of the debt lawsuit and save you money by not having to pay back the full amount of the debt owed.

For instance, our clients often get sued by Capital One. Capital One often hires The Moore Law Group to sue individuals in a debt collection lawsuit. It is possible to negotiate a Moore Law Group debt settlement to save a client significant amounts. The Moore Law Group may agree to accept less than the full amount of the total debt owed, often over an extended amount of time with an amount down and the remaining balance over a term.

Sued by The Moore Law Group for Credit Card Debt? Here’s What to Do

If you are being sued by The Moore Law Group for credit card debt, then a debt settlement could be a good option for you. A debt settlement is a negotiation between the borrower (you) and the creditor that you will pay back a greatly reduced amount of the loan over a period of time or in a lump sum. If you cannot make your debt payments or have been served a debt collection lawsuit by The Moore Law Group, then a debt settlement can be a good route to get you out of the lawsuit and save you money. Creditors often agree to debt settlements because they save money in attorney fees trying to sue you and they would rather receive some of the debt you owe than to have you declare bankruptcy and receive nothing.

It is also possible to negotiate a Moore Law Group settlement for Bank of America debt and knock down the debt due. They will usually settle your Bank of America Debt with payments of a term for two years. We also have experience handling debt collection lawsuits from the Moore Law Group for Best Buy credit card debt. Since these tend to be lower balance accounts, it’s possible to get the accounts settled for less than the full balance, with payments on the settlement for 12 months.

Settle a Moore Law Group Lawsuit

To settle a Moore Law Group lawsuit, hiring a debt lawsuit defense attorney is a good first step to take in order to save money and get out of the lawsuit. Before speaking to an attorney though, there are some things you can do on your own. You can contact The Moore Law Group and ask for “proof of debt”. Also, find out if the lawsuit complies with the Statute of Limitations. If the plaintiff violates the Fair Debt Collection Practices Act, then you could file a counterclaim.

At The Debt Settlement Lawyer, we offer a free consultation to go over your debt situation and find the best option to settle your Moore Group credit card debt. Call us at 844-729-4866 or go to our contact us page to set up an appointment. Our goal is to solve your debt problem and save you money.

Jonathan B. Haskett is a debt attorney serving clients in California and focuses exclusively in debt relief. He is licensed to practice in California. Mr. Haskett owns and operates The Debt Settlement Lawyer in San Diego, and helps people with debt problems all over the country, if possible. For more information, please contact attorney Jonathan Haskett at 844-729-4866, or jonathan@thedebtsettlementlawyer.com. or use our online contact form.

What To Do If Sued By Michael & Associates For Credit Card Debt

What to do if sued by Michael & Associates for credit card debt? If you owe a creditor like American Express, Michael & Associates could be hired by them to sue you for credit card debt. If you don’t respond to the debt collection lawsuit, then a default judgment could be filed against you. A default judgment is a binding judgement in favor of Michael & Associates (American Express). You want to stop a default judgment, so that you don’t have a lien placed against property you, your bank account levied, or your wages garnished. To go up against the seasoned debt collection law firm of Michael & Associates, you should hire an experienced debt settlement attorney who will save you money and get you out of the lawsuit. In this blog, we will explain who is Michael & Associates, why are they suing me, and explain “debt settlement”. But first, here are examples of potential settlements with Michael & Associates debt settlement clients.

American Express is notorious for suing debtors for unpaid balances. American Express debt can be substantial. It’s common to have account with balances in excess of $35,000.00. If a consumer defaults in payments on this account, American Express has the right to sue you. They will be seeking the full balance due. Even if the case is pending with a trial date, it is still possible to continue efforts to negotiate a settlement for you despite the pending lawsuit filed by Michael & Associates. With a trial date on the horizon, we can still settle this debt for a lower amount, which can lead to a potential savings of 40% to 60% of the balance claimed due. Often these settlements are payable over a period of 24 months. Our goal is to get you into a settlement you can truly afford considering your budget with payments over an extended term – often over two to three years.

Who is Michael & Associates and Why are They Suing me?

If you wondering who is Michael & Associates and why are they suing me, then you are not alone. There is not a lot of information about them on the Internet. Michael & Associates is a debt collection law firm that is hired by large creditors like American Express. To stop Michael & Associates phone harassment to collect on credit card debt, we usually suggest a hiring an attorney with debt settlement experience. Once American Express is put on notice that you have hired an attorney, they are not permitted to contact you by phone or mail. All communications must go through the hired attorney. A debt settlement is a negotiation between you and Michael & Associates that you will agree to pay an often much lower portion of the original debt over a period of time or in a lump sum. Lenders often agree to debt settlements because it saves them in legal fees and they would rather receive a portion of the debt you owe, then have you file for bankruptcy and receive nothing.

Find a debt attorney who offers a free consultation to see if a Michael & Associates debt settlement is a good option for you. Never pay someone upfront for advice. And be aware of debt settlement “companies” as opposed to law firms. They are not held to the same ethical standards under the law as attorneys in a law firm.

Settle a Michael & Associates Lawsuit

As another example, we have seen debtors that owe $10,000 in American Express debt. When the debtor could not make these payments, Michael & Associates filed a lawsuit on behalf of American Express against the debtor. Through negotiation with an experienced debt settlement lawyer, the debtor reached a debt settlement and saved about 60% ($4,199.00). The debtor was able to pay back the remaining balance due on the settlement in payments spread out over a 10-month period.

What To Do If Sued By Hunt & Henriques For Credit Card Debt?

Wondering what to do if sued by Hunt & Henriques for credit card debt in California? Wondering who they are representing to sue you in a debt collection lawsuit? Hunt & Henriques is a credit card debt collection law firm that represents creditors such as Bank of America and Capital One. If you do not respond to a Hunt & Henriques lawsuit, a default judgment will most likely be entered against you. A default judgement is a binding judgment against you and in favor of Hunt & Henriques, which could result in wage garnishment, bank levy or a lien against your property. A Hunt & Henriques debt settlement is what we usually recommend to get out of the debt lawsuit.

For instance, a consumer owed Bank of America in excess of $8,400.00. Bank of America hired Hunt & Henriques to sue the consumer for the debt in the state of California. Although a Hunt & Henriques lawsuit had been filed against the consumer wanted to see what her options were for a debt settlement. With the help of a debt settlement attorney she was able to enter into a negotiated settlement of $4,500, payable over a 7-month period. This consumer beat the Hunt & Henriques lawsuit and was able to move on from her debt.

When sued for credit card debt, you’ll want a debt attorney to file a proper response in your Hunt & Henriques lawsuit defense, so that a default judgment isn’t entered against you. If a default judgment is entered against you, then you lose the case without a fighting chance. Some things you can do on your own before speaking with an attorney include contacting the law firm suing you and asking for “proof of debt”. We have found that most creditors won’t respond to this, but they should at least provide you with the balance claimed due. Also, find out if the lawsuit complies with the Statute of Limitations. If the plaintiff violates the Fair Debt Collection Practices Act or the California Rosenthal Act then you could file a counterclaim or a separate lawsuit against them.

Sued by Hunt & Henriques For Credit Card Debt? Here’s What to Do

If you are being harassed by a debt collector or are being sued by Hunt & Henriques for credit card debt or a loan, a debt settlement might be a good option for you. A debt settlement is a negotiation made between the borrower (you) and the creditor (or law firm representing the creditor) that you will pay usually a greatly reduced amount of the total debt you owe either in a lump sum or in monthly payments over a period of time. We advise against using a debt settlement “company” over a law firm, as attorneys are held to standards and ethics under the law that companies are not. You should never pay anyone up front for advice.

If you are being sued by Hunt & Henriques, call 844-729-4866 to schedule a free consultation or click here to schedule your appointment online.

A consumer owed Capital One $12,500.00 on her credit card. She called a debt settlement law firm for a free consultation and seeking debt collection lawsuit defense after being served with a Hunt & Henriques lawsuit. Through an attorney, she settled the Hunt & Henriques debt lawsuit for $6,500 payable over 12 months. She was able to stay out of court by getting this account settled within a matter of a few days of retaining a law firm to represent her. The case eventually got dismissed and she is now well on her way to becoming debt free.

Settle a Hunt & Henriques Lawsuit

To settle a Hunt & Henriques lawsuit, hiring a debt lawsuit defense attorney is a good first step to take in order to save money and get out of the lawsuit. The Debt Settlement Lawyer offers a free consultation to go over your situation and find the best option to settle your Hunt & Henriques credit card debt. Call us at 844-729-4866. Our goal is to solve your debt problem and save you money.

What to Do if Sued by Gurstel Law Firm for Credit Card Debt in California

What to do if sued by Gurstel Law Firm for credit card debt in California? Do you want to stop Gurstel Law Firm collection harassment? Fight back! If you don’t respond to a debt collection lawsuit, then a default judgment could be entered against you. This means a binding judgment in favor of Gurstel Law Firm’s client (your creditor). You want to stop a default judgment, so that you don’t have your wages garnished, bank levied or have a lien filed against your property. Getting the right debt settlement attorney to negotiate a Gurstel Law Firm debt settlement is usually the route we advise our clients to take. We’ll take you through a Gurstel Law Firm settlement in California that has been negotiated for s small business owner who had accumulated over $140,000 in American Express credit card debt as a small business owner. But first, who is Gurstel Law Firm and why are they suing me?

Sued by Gurstel Law Firm and Who Are They?

If you are sued by Gurstel Law Firm for credit card debt in California, then you’re probably wondering who they are. Gurstel Law Firm is a debt collection law firm that is often hired by large lenders like American Express, Capital One, Citibank, Discover and Cavalry Portfolio. Before you can stop Gurstel Law Firm collection harassment, you need to understand that they have vast resources and their fundamental purpose is to sue consumers with credit card debt on behalf of the lender they are representing. If you plan on fighting a Gurstel Law Firm debt collection lawsuit, it’s imperative that you have equal legal representation to go up against their legal team. An experienced debt attorney will negotiate a Gurstel Law Firm settlement to save you a large percentage of the total debt you owe.

A debt settlement is a negotiation reached that the borrower will pay back a usually greatly reduced amount of the total debt owed in a lump sum or over a period of time. Creditors like this option for a couple of reasons. One, they would rather collect some of your debt than to have you declare bankruptcy and receive nothing. And secondly, creditors like American Express, Capital One, Citibank, Discover and Cavalry Portfolio would rather not have to pay large legal fees to firms like Gurstel if they can reach a settlement instead.

Sued by Gurstel Law Firm in California — If you’re being Sued By Gurstel Law Firm in California contact us for a free debt consultation by calling or texting 844-729-4866 or click here to schedule your appointment with us.

Settle a Gurstel Law Lawsuit

Let’s look at a business owner that accumulated over $140,000 American Express debt on two business cards. His business shut down abruptly and he could not pay on these accounts. He and his wife signed personal guarantees on the accounts, which means they were personally responsible for the debt if the business could not pay it back. American Express referred these accounts to the Gurstel Law Firm for debt collection and they threatened to sue this couple. This is when they retained a debt settlement attorney to negotiate a Gurstel Law Firm settlement. The couple had the good fortune of being able to obtain 3rd party funds to pay the account in full, but they wanted the account re-opened and access to the reward points they had accumulated over the years. The attorney was successful in negotiating these terms for their client. They paid the accounts off in full and AMEX has re-opened the account and given them access to over one million points they had accumulated over the years. We always love recounting stories on successes in negotiating reductions for clients on credit card accounts. But in this instance, the clients wanted access to their credit cards again and their points. And that’s exactly what they got.

While this couple’s success story involved a lump sum settlement, many negotiations spread out settlement payments over months or years. If you have been sued by Gurstel Law Firm for credit card debt, you need to take action. Never pay anyone for advice. There are quite a few debt settlement companies who take advantage of people facing debt collection lawsuits. The fact is, a debt settlement company cannot defend you in a lawsuit. You need to hire a law firm who focuses on debt settlements to get the optimum outcome and stop Gurstel Law Firm collection harassment. Law firms are held to ethical and legal standards under the law that debt collection companies are not.

Contact us here or call The Debt Settlement Lawyer at 844-729-4866 or send us an email to info@thedebtsettlementlawyer.com if you would like to schedule a free consultation to go over your debt collection lawsuit.

What To Do If Sued By Resurgent Capital Services (LVNV) in California

What To Do If Sued By Resurgent Capital (LVNV) Services in California

If you are being sued by Resurgent Capital Services in California for credit card debt, you are essentially being sued by debt collector LVNV Funding. If you have been served with a debt collection lawsuit from Resurgent Capital Services (LVNV), you need to take immediate action, so that a default judgement isn’t filed against you. A default judgement is a ruling in favor of the debt collector. It can be difficult to know how to deal with Resurgent Capital Services (LVNV) in a credit card debt collection lawsuit, but a debt settlement negotiation could be your way out.

Who is Resurgent Capital Services (LVNV)?

When you are sued by Resurgent Capital Services (LVNV) in a debt collection lawsuit, you might be wondering who they are. If you don’t recognize the name of the company suing you, you probably wonder, “is Resurgent Capital legit?” First, you need to know who is LVNV Funding. LVNV Funding is a debt collection company who purchases defaulted credit card debt. Basically, when you can’t pay your credit card debt and the account goes into default, LVNV buys the debt for a discount and then sues you to collect the debt. Do not believe that they are buying this for “pennies on the dollar.” It’s usually more than that depending on the amount of time the account has been in default. LVNV often contracts with Resurgent Capital Services to actually collect the debt with a debt collection lawsuit.

What to do if Sued by Resurgent Capital Services (LVNV)?

Are you feeling harassed by Resurgent Capital Services (LVNV)? If you are sued by Resurgent Capital Services (LVNV), then you need to find legal representation to help you reach a debt settlement and to defend you in a debt collection lawsuit. A debt settlement is a negotiation reached between the party being sued (the borrower) and the debt collector (lender) that the borrower will pay back a significantly reduced portion of the total amount of the debt either in a lump sum or over a period of time. Lenders favor debt settlements, because they would rather receive some funds from the borrower than have the borrower file for bankruptcy and receive nothing. Be aware of debt settlement “companies” as opposed to debt relief law firms. Debt settlement companies often charge significantly more, they are not a law firm – so they can’t represent the borrower in a lawsuit, and they are often so large that the borrower just becomes another number to them. Plus, debt attorneys are held to ethics and standard under the law. These large debt collection companies like Resurgent Capital Services have powerful teams of attorneys who do nothing but sue borrowers, you need an experienced debt attorney to help you get out of debt.

For instance, our consumer received debt collection notices from Resurgent Capital Services (LVNV) for two accounts that went into collections. She could no longer afford to pay these debts, as well as several others. These HSBC and Capital One accounts with Resurgent totaled $1,235.17. Fortunately, the consumer had been working with a debt settlement attorney for some time and they helped her save up money to settle her accounts. They were able to settle both accounts for a total of $445.79 saving $789.38 on these two accounts. These were low balance accounts, but don’t be fooled by that. Creditors will still try to collect, and are known to file lawsuits for accounts totaling less than $1,000 balances in the past. To read about more debt settlement success stories, please visit my website here.

If you would like to settle a Resurgent Capital Services (LVNV) debt lawsuit, then contact us at 844-729-4866 to set up a free consultation to go over your particular situation. We are in the business of saving our clients money and help them get out of debt.

What To Do About High Credit Card Debt In California

If you are wondering what to do about high credit card debt in California – debt settlement, bankruptcy and debt consolidation are three viable options. In a bankruptcy, you do clear out your debts with a fresh financial start, however your credit score will suffer for 6-10 years (making it hard to purchase a house or car) and you could lose certain assets (depending on what kind of bankruptcy you file). In a debt consolidation, sometimes you can get your interest rates lowered, but you still owe the same amount of the initial debt. I usually recommend a debt settlement to get out of high credit card debt.

What To Do With High Credit Card Debt In California

To find out what you can do about high credit card debt in California call us at 844-729-4866 for a free debt consultation or click here to schedule your appointment with us.

How do you pay off high credit card debt in California if you simply don’t have the means to do so? A debt settlement is a viable option to get out of high credit card debt if you have more debt than you can pay off in a few years period of time or if you have experienced a financial hardship that caused you to fall behind on payments. A debt settlement is a negotiation between the credit card borrower and the creditor that the borrower will pay back an often greatly reduced amount of the debt over a period of time or in a lump sum. The creditors would rather negotiate a debt settlement with you than pay for a team of attorneys to sue you for the debt or to have you declare bankruptcy and receive nothing.

Here are some real examples of individuals who decided on debt settlement as their high credit card debt solution:

An individual owed 11 different creditors a total of $73,275. Over a period of time, his attorney negotiated this debt down to $29,294.94 and saved the individual 60% of the balance due on these accounts.
A business owner had a Bank of America business credit card with a balance in excess of $37,000. Unfortunately, the business went under, but the debt remained. Bank of America turned his account over to LTD Financial Services for collections. For this individual’s high credit card debt solution, his attorney settled the accounts for $11,350 – which is a 70% savings on the balance due.
A gentleman owed $16,363 to American Express. He also had $70,000 in other credit card debt that he could not pay due to financial hardships. American Express referred his account to Nationwide Credit, Inc, a large debt collection agency. His attorney negotiated a debt settlement with Nationwide for his client to pay just $6,546 of the total debt due – and the payments could be spread out over 24 months. The client was strapped for cash, since he was making settlement payments on his other credit card debt, so Nationwide agreed to have him pay only $10 per month for the first few months, until he had freed up more money. Then after that the settlement payments gradually increased in amount until he could pay the off the settlement in full. This gentleman saved $9,817 with this debt settlement.

Sued for Business Debt in California

If you have been sued for business debt in California, then you are not alone. With so many small businesses hurting during the pandemic, debt collectors are still coming after small businesses who can’t pay their lenders. In fact, we’ve had an uptick in people calling me about American Express and National Funding, LLC business debt settlements. If you are facing a debt collection lawsuit for your business debt and you don’t want to file bankruptcy, then a debt settlement could be a way out. A debt settlement is a negotiation between the small business owner in debt and the lender that the business owner will pay a greatly reduced amount of the debt owed in a lump sum or with a payment plan over an extended period of time. The lender would rather accept a debt settlement than have the business owner declare bankruptcy and receive none of the debt repayment.

For example, a small business owner took out a merchant loan from Bank of the Internet/On Deck Capital for $6,000. His business went under and he was stuck with an outstanding balance due of $7,321. The debt was sold to CACH, LLC, which is a debt collection entity that buys third-party debt. His attorney negotiated a debt settlement with CACH, LLC for a lump sum payment of $447.37, saving him approximately 94% of the total amount due.

What You Should Do If Sued for Business Debt in California

If your business is being sued for debt, then you’ve probably exhausted all of your options in trying to pay back your loans and are now wondering how to deal with business debt collectors. Many loan terms are seemingly unfair to businesses and drive business owners deeper into debt with their outrageous interest rates.

For instance, a business owner client of ours took out a small business loan from LoanMe for $20,000. The terms of the agreement carried an interest rate of 94% per year. Under those repayment terms, the business owner would have to pay $1,566.85 per month for 120 months. So, in total he would have to pay back over $188,000 for a $20,000 loan. When the business started to go under, and he had only made two payments on the loan. LoanMe hired a law firm to sue him for over $56,000, which was the principal loan and accrued interest due at the time the lawsuit was filed. Before the business owner was officially served with the lawsuit, he retained a law firm and they settled the debt for one lump sum payment of $15,000, saving the business owner over $41,000, which was approximately 74% of the amount that was claimed due in the lawsuit.

Another business who was sued for business debt in California had taken out a line of credit with American Express for a Plum card. This particular line of credit doesn’t have a spending limit and is targeted for business owners. With this particular card, your purchasing power adjusts with the use of your card, your financial history and your payment history. This business owner relied heavily on Amazon for the distribution of her product. American Express allowed her to essentially float credit each month based on the revenue her business generated. Her balance ballooned to over $621,000. Unilaterally, Amazon decided that she had violated their policies and stopped distributing her products, which forced her to shut down her business. American Express legal came after her for the debt, so she called an experienced debt settlement attorney asking how to deal with business debt collectors. The attorney negotiated to settle her account for $279,849.28, which was approximately 45% of the balance due on this account. Since she was in the process of selling the business to a third party, she was able to fund this settlement with the proceeds from the sale of the business.

Many small business owners are being sued for business debt in California. Find a business debt lawyer who has experience in debt settlement and a proven track record of saving their clients’ money. We offer a free consultation to go over your particular situation and map out a plan to get out of debt. Call us at 844-729-4866 or go to the contact page on our website.

Can A Debt Settlement Law Firm in California Help Me?

High credit card debt and private student loan debt are two of the most compelling reasons to hire a debt settlement law firm in California. A debt settlement is a negotiation between you (the borrower) and the lender that you will pay a significantly reduced amount of your total overall debt in a lump sum or over a period of time in installments. For instance, a consumer owed Citibank $8,410. In just one phone call, her attorney negotiated a debt settlement with the collection agency to settle the debt for $2,106. She only paid 25% of the total debt due.

Another person owed American Express over $38,000. She was going through a divorce and could not afford her payments. After being sued for this debt, she hired a debt settlement lawyer that negotiated a credit card debt settlement in California for them to accept $10,000 instead of $38,000. She saved $27,800 – which was approximately 75% of the total debt owed.

To find out what you can do about high credit card debt in California call us at 844-729-4866 for a free debt consultation or click here to schedule an your appointment with us.

An experienced debt settlement attorney will work with your lender to reach an agreement that is favorable to both parties and affordable to you. Why do lenders find debt settlements favorable? Simple, they would rather receive some of the debt back than have you declare bankruptcy and receive nothing.

Advantages Of Hiring A Debt Settlement Law Firm

If you live in or have debt in the state of California, it’s important to hire a debt settlement law firm rather than a debt settlement company. If you have been sued by a credit card company or other lender (or think you might soon be sued), then a debt settlement attorney in California can represent you in a court of law. A debt settlement company cannot. As the Federal Trade Commission points out, debt settlement companies are often associated with scams who ask for large cash advances up front and do little to help consumers. Whereas, debt settlement law firms are held to ethical obligations under the law. Your goal in hiring a debt settlement lawyer is to SAVE money, not waste money on a scam.

An individual consumer owed American Express $33,036 in credit card debt. Before filing a lawsuit against him, American Express demanded the entire debt owed to be paid off in monthly installments. American Express ended up suing him for the full balance. His attorney negotiated a debt settlement for $16,000, payable over a 15-month term, saving him 52% of the total debt he owed.

A college graduate owed Navient over $143,000 in private student loan debt (these are loans not provided by the Department of Education which are known as Federal Student Loans). She hired an experienced debt settlement law firm to negotiate a student loan debt settlement. Over the course of the representation, the debt skyrocketed to over $156,000 due to accruing interest. Navient sent her account to the law firm of Weltman,Weinberg & Reis for collections. Her attorney settled her account for approximately $50,000 – saving her over $100,000 in a student loan debt settlement.

Hire A California Debt Settlement Law Firm

A skillful California debt settlement lawyer can most likely negotiate down your debt and save you money. Our law firm offers a consultation free of charge to go over your particular debt situation, map out a plan for you to get out of debt and save money. Contact us at 844-729-4866 to set up a free consultation or you can schedule your consultation here.

Being Sued by TD Bank? Here’s What to Do

There is a way out if you are being sued by TD Bank for debt. First of all, who is TD Bank? TD Bank is the United States subsidiary of the banking corporation Toronto-Dominican Bank in Canada. TD Bank provides credit cards for Target stores across the nation. When a cardholder can’t pay their balance, TD Bank will usually go after the cardholder by filing a TD Bank lawsuit. One of the law firms that often handles TD Bank debt collection is Patenaude & Felix, whom our law firm negotiates with often on debt settlements. A debt settlement is a negotiation made between the credit card holder and the lender (TD Bank) that the card holder will pay back a reduced amount of their debt, rather than the full amount. This option is appealing to the lender because they would rather collect some of the debt owed, rather than have the card holder declare bankruptcy and receive nothing.

What To Do If Sued By TD Bank For Credit Card Debt

A TD Bank debt settlement is a way to get out of debt when you are unable to make your monthly payments and have been sued by a debt collector. To defend a TD Bank lawsuit, make sure you have legal representation to fight. TD Bank uses firms like Patenaude & Felix whose focus is collections and credit card lawsuits. You need an experienced debt settlement attorney with a proven track record to defend a TD Bank lawsuit. Be aware of debt settlement companies, as opposed to debt settlement law firms.

A debt settlement company can’t represent you if you are sued by TD Bank, plus they are not held to the same ethical obligations under the law as attorneys. An experienced debt attorney will negotiate a TD Bank debt settlement that will get you out of debt and save you a good portion of the overall debt you owe. Make sure you find a debt lawyer who offers a free consultation. Never pay money up front just for advice.

For instance, a consumer owed TD Bank approximately $15,500 on a Target credit card. When she could not afford to pay the debt back, the account eventually got sent to collection law firm Patenaude & Felix to either collect or file suit. The consumer was eventually sued when the law firm was unable to collect from her. That is when she retained a debt settlement lawyer to assist in negotiation of the debt. Her attorney settled within 24 hours of being hired. TD Bank settled for $6,000. She was able to pay this off at a rate of $500 per month for 12 months with the help of a relative. She save about $9,500 on this debt and helped her avoid having to deal with a lawsuit.

Call us at 844-729-4866 to schedule your free consultation or click here to schedule your consultation with us!

What Happens if Sued by TD Bank USA

If you are being sued by TD Bank USA, then it’s imperative that you respond to the lawsuit. If you ignore the lawsuit, a default judgement can be entered against you. This means, the court enters a judgment by default in favor of TD Bank and you owe the full amount of the debt plus possible legal fees incurred by the debt collection law firm. If you cannot pay the debt, then you could be subjected to a bank levy or wage garnishment. Contact a debt lawsuit defense attorney who has experience fighting the big credit card companies. Our debt relief law firm offers a free consultation to go over your particular debt situation and map out a plan to get out of it. Give us a call at 844-729-4866 to set up an appointment.

How To Settle American Express Plum Card Debt

settling debt with american express plum business credit card

The American Express Plum Card is a flexible charge card with no spending limit for business owners, but sometimes businesses find themselves in a boatload of credit card debt. It is possible to settle American Express Plum credit card debt and save a sizeable amount of money. I will go into more details, but it is possible to get significant savings with an AmEx Plum Card debt settlement. A debt settlement is a negotiation made between the credit card borrower and the lender than the borrower will pay back (an often greatly) reduced amount of the total debt owed over a period of time or in a lump sum. Lenders like this option over bankruptcy, because they would rather receive some of the debt owed than have the borrower declare bankruptcy and get nothing.

Settle Credit Card Debt on American Express Plum Card

The American Express Plum Card is appealing to business owners with an irregular cash flow given it’s perks, such as no spending limit, 1.5% cash back for paying early, no cap for what you can earn back, and the option for business owners to delay payment for up to 60 days. AMEX advertises that your “purchasing power” adjusts with the use of your card, your payment history and financial history. But if you rely too much on this card, like with any other credit card, you could find yourself dealing with debt collectors for the American Express Plum Card.

To find out what you can do about high credit card debt in California call us at 844-729-4866 for a free debt consultation or click here.

We recently learned about business owners that received some pretty incredible American Express debt relief after they racked up a sizeable amount of debt on their Plum Card. They took out a credit line with American Express for a Plum card. AMEX essentially permitted them to float credit each month based on revenue generated by the business. They accumulated a balance of $621,887.28 on their AMEX Plum Card. The business relied heavily on Amazon for distribution of their product. Unfortunately, Amazon came to the conclusion that the business owners had violated Amazon policies and shut them off from distributing their products via Amazon. This, in turn, caused the business owners to shut down their business. After a period of non-payment, American Express Legal came after them to collect the debt. Their debt settlement attorney was able to negotiate and settle the American Express Plum credit card debt for $279,849.28, which is approximately 45% of the balance due – a savings of $342,038.

What to Do If Sued By American Express Plum Card?

To settle your American Express Plum Card debt, find a credit card debt attorney with experience in handling debt settlements. Be aware debt settlement “companies” are different than debt relief law firms. A debt settlement company can’t represent you if you are sued, plus they are not held to the same ethical obligations under the law as attorneys. At California-based The Debt Settlement Lawyer we offer a free consultation to go over your particular debt situation and give you options for getting out of debt and on with your life. Please give us a call at 844-729-4866 to set up a free consultation.